Newmont Mining named industry leader by Dow Jones index

According to Mining News Pro -Newmont Mining has been named leader of the metals and mining industry by the Dow Jones Sustainability World Index (DJSI World) for the fourth consecutive year.

The gold and copper producer was also recognised as the sector’s sustainability leader this year.

Newmont was the first gold company named to the index in 2007, and has been included on the DJSI North America Index every year since 2006.

Newmont has hit the 100th percentile – indicating its outstanding performance – in a number of areas.

These areas are economic (corporate governance, risk and crisis management and policy influence); environmental (biodiversity, climate strategy and water-related risks); and social (labour practice indicators, human rights, corporate citizenship and philanthropy, and asset closure management).

Newmont president and chief executive Gary Goldberg said, “Our focus is on the long-term success of our company, and doing that requires integrating sustainability into all aspects of our business.

“Employees at our sites around the globe know that leading in profitability and responsibility go hand-in-hand, and that their day-to-day work can have positive and lasting impacts on local communities.”

The index has evaluated nearly 2100 companies to determine their inclusion and ranking on the DJSI.

Newmont has recently entered into a joint venture (JV) with Nova Minerals, to maintain a 70 per cent interest in the Officer Hill gold project in the Tanami region of the Northern Territory.